Per Wojnarowski, the Nets would receive Pierce and Garnett while the Celtics would get Gerald Wallace, Kris Humphries' expiring contract, TomikeShengelia and three future first-round picks.

Garnett has a no-trade clause, but Wojnarowski writes that those involved believe it may be possible to persuade him to waive it to follow Pierce to Brooklyn. Per the report, Garnett hasn't been consulted about the matter as of yet.

ESPN's Marc Stein added a few other tidbits to the potential deal:

Nets obviously want Pierce & KG together to convince KG to waive no-trade clause. But can't get 'em both before July 10. Or w/out Wallace

This is a trade that could possibly be agreed upon in principle in the next week, but as Stein reported, it can't be completed until July 10.

The Nets would be able to produce perhaps the most star-studded starting five in the NBA with Deron Williams, Joe Johnson, Pierce, Garnett and Brook Lopez. The Celtics would gain financial flexibility from the expiring $12 million owed to Humphries. Wallace makes $10.1 million annually and he's signed through the 2015-16 season.

Neither man will make a significant impact for the Celtics organization. Beyond those modest assets, the Celtics would potentially gain the most from the three first-round picks.

One of the major questions is: how valuable will those picks will be? Stein tweeted this thought:

Idea of Celts taking G. Wallace's deal to swap Pierce/KG for three non-lottery picks hard to fathom. Give Billy King EOY if he pulls it off

Considering the circumstances, how would you rate the potential deal from a Celtics' standpoint?

ABCDFSubmit Votevote to see results

Considering the circumstances, how would you rate the potential deal from a Celtics' standpoint?

A

20.8%

B

29.2%

C

21.0%

D

11.6%

F

17.3%

Total votes: 790

The Nets don't figure to miss the playoffs anytime soon with the lineup this trade would produce. Even down the road it seems far-fetched to think that Nets' owner Mikhail D. Prokhorov would allow the team to become a doormat again.

These draft picks are most likely going to range anywhere from No. 20 to No. 30. That may not seem like a lot, but considering the Celtics will lose Pierce and KG for nothing soon, getting three young players as compensation isn't such a bad deal.

The 2014 NBA draft figures to feature a deep crop of talent. It is feasible the Celtics could find a solid contributor late in the first round. This deal would put pressure on the team's scouts and decision makers to pick the right prospects.